The federal government has announced the Employment Insurance (EI) premium rates which will be payable by employees and employers during the 2025 calendar year.

For 2025, those rates are set at $1.64 per $100 of insurable earnings for employees. Employers, who pay 1.4 times the employee rate, will pay $2.30 per $100 of insurable earnings.

Maximum insurable earnings for the year will be $65,700, meaning that the maximum contribution by an employee will be $1,077.48 and the maximum employer contribution will be $1,508.47.

The announcement of the premium rates for 2025 can be found on the federal government website at www.canada.ca/en/employment-social-development/news/2024/09/canada-employment-insurance-commission-confirms-2025-employment-insurance-premium-rate.html.